Karl W. Smith, Columnist

Biden Can Break the Impasse on Coronavirus Relief

The Democratic nominee needs to show voters he’s still got his negotiating skills.

October 2, 2020 at 5:20 PM UTC

Karl W. Smith is a Bloomberg Opinion columnist. Previously, he was vice president for federal policy at the Tax Foundation and assistant professor of economics at the University of North Carolina.

Biden being Biden in 2011.
Photographer: Mark Wilson/Getty Images North America

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Despite intermittent negotiations for three months, Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have made remarkably little progress on a coronavirus relief plan that both Republicans and Democrats can accept. Wall Street is beginning to lose hope, and Main Street will soon run out of financial support.

It’s time to call in Joe Biden.